assumptions

As we all know if you assume something it generally makes an ASS-of-U-and-ME.
With Elf now owning the company outright with his 50.002% controlling stake, am I now mistaken in believing that any shares bought from here on in actually becomes a Buy Back thus reducing the number of liquid shares in the market place. If that is the case then the number of shares available to trade,(believing Elph won't be placing his shares back into the market place), has effectively been reduced by at least 50%, shouldn't the share price effectively be worth double their current value.

I also notice that the NTA is worth $0.84.

Any thoughts